Digital signatures play a crucial role in ensuring the integrity and authenticity of digital business reports. These reports, which can significantly impact an organisation’s value and reputation, require a high level of trust. Digital signatures provide verifiable proof of a document’s authenticity and integrity, ensuring that it hasn’t been tampered with since being signed.
Finance leaders are grappling with trust issues regarding their organisation’s financial data, reveals a recent survey by BlackLine. The survey, conducted among over 1,300 C-suite and senior finance professionals across seven global markets, found that nearly 40% of CFOs lack complete trust in the accuracy of their own financial data.
The Global Legal Entity Identifier Foundation (GLEIF) marked a milestone this week with the first ever use of the verifiable Legal Entity Identifier (vLEI), in the signing of its 2021 annual report.
“For businesses the world over, confidence in digital authenticity is in short supply,” writes Stephan Wolf, CEO of the Global Legal Entity Identifier Foundation (GLEIF).
Since 2012 the Global Legal Entity Identifier (LEI) System has been used to uniquely identify over 1.4 million entities in more than 200 countries, standardising the identification of entities globally and bringing substantial regulatory benefits. However, take up beyond financial services is still slow, and further adoption is needed for the identifier to meet all of […]
Giant Leap for Global Trust: GLEIF creates LEI Digital Certificates, uses Inline XBRL Annual Report to demonstrate.
Prof. Mervyn King asks whether new metrics for quantifying relationships could improve corporate behaviour and enhance levels of trust around the world.
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
